While it’s great news that the latest CreditorWatch Business Risk Index figures show positive business recovery in some regions and industries, the hospitality, transport and the arts sectors are still struggling under the pressures of the pandemic and inflation, with a marked surge in defaults this month causing concern. As we head into the final… Read more »
It’s time for small business owners to think about their funding plans, ahead of the phasing out of JobKeeper, or risk being part of a spike in insolvencies when the wage subsidy runs out. Australia’s largest non-bank SME lender, Scottish Pacific, says there are three key questions business owners must ask themselves. With the Australian… Read more »
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed changes to the JobKeeper eligibility criteria, saying it will help support more businesses, particularly those in Victoria facing the impact of tighter restrictions. The changes to the eligibility test outlined by Treasurer Josh Frydenberg this morning mean businesses are only required to demonstrate a… Read more »
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